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Edgewater Estates, 1416 NE 23rd St, Wilton Manors, FL, Florida 33305

2,042SqFt

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Details

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Status:
Active
Size: 2,042 SqFt (190 m2)
Price: $553/SqFt ($5,951/m2)
Type: Multi Family
Built: 1960
MLS Number: A11908735
On Site: 24 Days
Updated: 17 Days ago
Page Views: 0
Investor Opportunity – Turnkey Wilton Manors Duplex fully Remodeled And Operating As A High-performing Short-term Rental, Each Unit Has Its Own Separate Pool To Boast, This Two-unit Property At 1416–1420 Ne 23rd Street Generates Approximately $140,000 In Annual Revenue, Offering Both Immediate Cash Flow And Long-term Appreciation In One Of Fort Lauderdale’s Most Desirable Submarkets. With Strong Historical Occupancy And Professional Management In Place, The Property Delivers An Estimated Cap Rate 11% Depending On Operating Expenses. Located Minutes From Wilton Drive, Beaches, And Downtown, This Is A Rare Chance To Acquire A Proven Income-producing Asset In A Rapidly Appreciating Neighborhood.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir
        Building and Construction
        • Floor Description: CeramicTile
        • Year Built: 1960
        • Year Built Description: Effective Year Built
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2025-11-05T14:27:04.000-00:00
          Taxes, Fees & More
          • Taxes: 17247

          Price History

          11/05/2025

          Date

          Listed

          Event

          $1.1M

          Price

          $553 ft2 / $5,951 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Yick Wong Kit MontesLondon Foster Realty • Buyer Agency Compensation .

          Apples-to-Apples Comparables

          $400/ft²
          $500/ft²
          $700/ft²
          $900/ft²
          $1.1M

          Unit 1416 NE 23rd St – $553/ft²

          (+2%) from Closed Medium

          $1.1M

          Closed Medium $540/ft²

          Community $/Price Range (Closed) $506/ft² – $786/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
          THINKING OF SELLING IN Edgewater Estates at Wilton Manors?

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